Are you bringing a yacht to Mexico? Whether you want to visit or keep it within Mexican waters full-time, insurance is a mandatory requirement. Most marinas have an insurance requirement and yacht owners should carry a reasonable policy to protect the vessel, contents and passengers.
We work with yacht owners on a case by case basis to find the best policy options for your individual situation. We can work with just about any watercraft for insurance in Mexico as well.
Fill out the form below and we will schedule a call to build a custom quote!
Common Coverages for Yachts in Mexico
There are a few options when insuring a yacht. Before jumping into the process, it’s good to know the options out there. Very few insurers offer watercraft policies beyond the basic liability requirements. In our experience, yacht owners are looking for hull coverage to protect their investment.
The following are a few of the coverages to consider when shopping for Mexico yacht insurance:
- Watercraft Liability Coverage (minimum legal requirement)
- Contents and Equipment
- Hull Coverage
- Medical Passengers
Deductibles vary based on location and each situation. We will supply this after gathering all pertinent information in the quote process.
How to Insure Your Yacht in Mexico
We can start a quote at any time but there are a few pieces of information that are required. Having your documents and basic information ready can really expedite the process.
Things to gather for your custom Mexico yacht insurance quote:
- Home Port or Marina in Mexico (address required)
- Value of Hull
- Value of Motors
- Value of contents
- Copy of Registration
- Passport of Owner
- Hurricane Preparedness Plan (we can provide a template)
After preparing this information, it’s good to have an idea of what you want. Liability Only is the primary option you will find with most insurers. We are among the few who can help to secure hull coverage for the value of your vessel.
Moving Forward with Your Policy
If you haven’t already, fill out the form above and we can schedule a time to review your situation. After submitting the form, we will:
- Gather documents via email
- Review your situation
- Build a custom initial quote
- Review the quote on a call
- Make adjustments as needed
- Submit a request for payment and signatures
- Bind the policy
After binding our team is here to assist with claims and questions. Our service is concierge and we work hard to take care of every policyholder. Get in touch and let’s get the process started!
